Quote Routing
Quote routing is the process of sending an order or request to the venue expected to provide the best execution.
Category
Market Execution Friction
These terms cover routing, depth, delay, and pressure that shape the quality of execution in a trading venue.
How to recognize this theme
Terms for how orders move through a market.
In a daily board, this category groups terms by their shared role. Look for four cards that describe the same mechanism, risk area, or workflow rather than four words that merely sound similar.
Educational context
These entries are vocabulary notes for learning. They are not project endorsements, token recommendations, exchange rankings, or trading signals.
Book Sweep
A book sweep is an order that consumes multiple price levels in the order book.
Execution Latency
Execution latency is the delay between submitting an order and seeing it reach the market.
Market Imbalance
Market imbalance describes one-sided buying or selling pressure near the current price.